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Mixed-Use Investment Property - Main Ave, Frazee Outstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit - unfinished and ready to be built out as additional office or apartment space - offers exciting upside potential for a buyer looking to add value. Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments - a clean, turnkey opportunity for investors seeking immediate cash flow with room to grow. Don't miss this rare chance to own a versatile, income-producing property in a prime downtown location!

Property Details of 108 E Main Avenue

Interior Features

Exterior Features

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Listed by Austin Bachmann of Counselor Realty Detroit Lakes

  Based on information submitted to MLS Grid / NORTHSTAR as of August 23, 2026 8:08 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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